Assume that BBQ, a chain of restaurants, builds 20 new restaurants at a cost of $1 million per restaurant. It outfits each restaurant with an additional $200,000
June 7th, 2024
Assume that BBQ, a chain of restaurants, builds 20 new restaurants at a cost of $1 million per restaurant. It outfits each restaurant with an additional $200,000 of equipment and furnishings. To partially defray the cost of this expansion, BBQ issues and sells 400,000 shares of stock at $30 per share.Instructions: Round your answers to one decimal place.What is the amount of economic investment that has resulted from BBQ’s actions?$millionWhat is the amount of financial investment that has resulted from BBQ’s actions?$million